Send money overseas with WorldRemit to take advantage of bank-beating exchange rates
Malawi
South Africa
MWK

📈 Malawi to South Africa Money Transfer Snapshot Today

  • Best MWK to ZAR exchange rate today: ZAR 0.0049, offered by Mukuru
  • Number of money transfer providers compared: 1
  • Number of deals and promo codes: 0
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real MWK to ZAR exchange rate before providers add their margin or fees. exchange rate: 1 MWK = ZAR 0.0097 (Updated about an hour ago)

See detailed Malawi to South Africa money transfer comparison below.

Malawi to South Africa money transfer providers that matched the search criteria

mukuru
Read more about Mukuru
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MWK =
4.90 ZAR
Transfer Limit (MWK): 1 - 15000
Locked-In Rate1 MWK = 0.0049 ZAR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





💡What these rates mean for sending money to South Africa from Malawi today

Compare top-rated money transfer providers to find the best way to remit money to South Africa from Malawi. Check today's MWK to ZAR exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

RemitFinder compared 1 provider for Malawi to South Africa money transfers today. Here is what the competition looks like right now:

Today's Most Competitive Providers to Transfer Money to South Africa from Malawi

🥇 Mukuru with 1 MWK = 0.0049 ZAR (best MWK to ZAR exchange rate today).

Malawian Kwacha to South African Rand exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much ZAR your recipient receives in South Africa.

Compare the providers above to maximize every MWK you send to South Africa. The best Malawian Kwacha to South African Rand transfer rate changes daily, so comparing today matters.


🔄 Looking for the reverse corridor? Send money from South Africa to Malawi instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Malawi.



Latest Exchange Rates for Sending Money to South Africa from Malawi

Here are some latest MWK to ZAR (Malawian Kwacha to South African Rand) exchange rates for popular conversion amounts*.

1 MWK0.01 ZAR
5 MWK0.05 ZAR
10 MWK0.10 ZAR
25 MWK0.24 ZAR
50 MWK0.49 ZAR
100 MWK0.97 ZAR
150 MWK1.46 ZAR
200 MWK1.94 ZAR
250 MWK2.43 ZAR
300 MWK2.91 ZAR
400 MWK3.88 ZAR
500 MWK4.85 ZAR
600 MWK5.82 ZAR
700 MWK6.79 ZAR
800 MWK7.76 ZAR
1000 MWK9.70 ZAR
1500 MWK14.55 ZAR
2000 MWK19.40 ZAR
2500 MWK24.25 ZAR
3000 MWK29.10 ZAR
4000 MWK38.80 ZAR
5000 MWK48.50 ZAR
10000 MWK97.00 ZAR
15000 MWK145.50 ZAR
20000 MWK194.00 ZAR
30000 MWK291.00 ZAR
40000 MWK388.00 ZAR
50000 MWK485.00 ZAR
100000 MWK970.00 ZAR

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real MWK to ZAR exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What is the best way to send money to South Africa from Malawi?

With the remittance market booming, there are so many choices for Malawian Kwacha to ZAR money transfers. Plus, the entry of new fintech companies makes it harder to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies for sending money to South Africa from Malawi. All providers on our platform are established, secure companies that our expert team has evaluated.

In addition, these providers offer you exclusive deals and promo codes; these offers help you further maximize the final ZAR amount that your recipient in Malawi gets.


How to get the best MWK to ZAR exchange rate?

When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your MWK to South African Rand money transfers by comparing providers side by side.

Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Malawi to South Africa.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for MWK to ZAR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What is the cheapest way to send money from Malawi to South Africa?

To send money to South Africa from Malawi, you should try to maximize the money your recipient gets in South African Rand. Transaction speed, security and other factors notwithstanding, your biggest lever to make the most of your hard earned money is finding the cheapest MWK to ZAR money transfer.

Some of the traditional ways to send money may not be the cheapest. For example, you may end up paying high fees as well as get sub optimal exchange rate on your transfer from Malawi to South Africa.

That is why comparing providers is key. Use RemitFinder to see find the cheapest money transfer options for getting the best Malawi to South Africa exchange rate. You also get access to many exclusive promo codes and discounts; these help reduce your cost to send Malawian Kwacha to South Africa.


Should I use my bank to transfer money from Malawi to South Africa?

There are two major ways that banks in Malawi make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low MWK to ZAR exchange rate.

One simple way to maximizing your payout is by minimizing the fees on Malawi to South Africa money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to South Africa from Malawi. You do this by funding your transfer with your bank account in Malawi, and by paying your recipient in their bank account in South Africa. But you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to South Africa from Malawi?

It can be stressful to rush money from Malawi to South Africa. But the good news is that there are best practices you can rely on for fast transfers.

First, pick the right payment method to convert from MWK to ZAR. For example, bank transfers are slower as compared to cash payments.

Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.

Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your Malawi to South Africa money transfers.


Which are the best money transfer companies to transfer money from Malawi to South Africa?

Since the Malawian Kwacha to South African Rand money transfer space has so many players, selecting the right company might not be easy.

RemitFinder can help you to chart a path forward. Choose your source and destination countries, and compare numerous providers with an easy to follow comparison table.

To further decrease the cost of your MWK to ZAR money transfers, we also have exclusive promo codes from various providers. This will increase the final amount your recipient in South Africa gets. Make sure look at available deals as you select the best provider for your next Malawi to South Africa money transfer.


Step by step guide to remit money to South Africa from Malawi

With so many choices to transfer from Malawian Kwacha to South African Rand, it can be difficult to pick the best provider. RemitFinder helps you compare companies and find the best one to move your funds abroad.

Once you have picked the right provider for your Malawi to South Africa remittance, follow the below steps.

  • Create an account with your provider.
  • Provide info and documents needed by to ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Malawi and the receiver in South Africa.
  • When you are ready, choose the amount and start your transaction.
  • At this point, the provider will take it on from here.
  • Watch out for updates on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MWK to South African Rand money transfers. This way, you can pick whoever is the best at the time you want to send money abroad.